Daily i forex market report by epic research 19 march 2014

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Published on March 19, 2014

Author: EpicResearch

Source: slideshare.net

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EPIC RESEARCH REPORT DAILY INTERNATIONAL FOREX YOUR MINTVISORY Call us at +91-731-6642300 19-MAR-2014

INTERNATIONAL CURRENCY BUZZ YOUR MINTVISORY Call us at +91-731-6642300 ➔ Forex - GBP/USD near 5-week lows on fresh Ukraine worries ➔ Forex - Euro hits session lows amid Ukraine escalation fears ➔ Forex - USD/CAD little changed after Canadian, U.S. data EUR/USD EUR/USD hit session lows of 1.3880 and was last down 0.24% to 1.3888.The pair was likely to find support at 1.3850 and resistance at 1.3941, the session high.The euro extended losses after CNN reported that Vladislav Seleznyov, Ukraine's defense ministry spokesman said at least one Ukrainian officer had been injured in an assault on a base by "armed people in masks" near the Crimean capital of Simferopol.Earlier Tuesday, Russian President Vladimir Putin said that Russia isn't seeking "a partition of Ukraine", signaling that Russia's moves in Ukraine would be limited.The comments came during a speech to a joint session of parliament in Moscow, a day after the president recognized the results of Sunday's referendum in Crimea, which saw a majority of voters chose to split from Ukraine. GBP/USD GBP/USD hit 1.6552 during U.S. morning trade, the pair's lowest since February 12; the pair subsequently consolidated at 1.6567, retreating 0.42%.Cable was likely to find support at 1.6426, the low of February 12 and resistance at 1.6666, Monday's high.The risk-related pound weakened after CNN reported that Vladislav Seleznyov, Ukraine's defense ministry spokesman, said at least one Ukrainian officer had been injured in an assault on a base by "armed people in masks" near the Crimean capital of Simferopol.Earlier Tuesday, Russian President Vladimir Putin said that Russia isn't seeking "a partition of Ukraine", signaling that Russia's moves in Ukraine would be limited.The comments came during a speech to a joint session of parliament in Moscow, a day after the president recognized the results of Sunday's referendum in Crimea, which saw a majority of voters chose to split from Ukraine.

DAILY ECONOMIC DATA YOUR MINTVISORY Call us at +91-731-6642300

EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 GBP/USD Hourly Chart INTRADAY OUTLOOK Support: 1.6550 Resistance: 1.6655 RECOMMENDATION: 1. Buy GBP/USD Above 1.6655- TG: 1.6675/ 1.6715 SL 1.6615 2. Sell GBP/USD Below 1.6550- TG: 1.6530/ 1.6490 SL 1.6595

EPIC'S ANALYST SPEAKS YOUR MINTVISORY Call us at +91-731-6642300 EUR/USD Hourly Chart INTRADAY OUTLOOK Immediate Support: 1.3890 Immediate Resistance: 1.4060 RECOMMENDATION: 1. Buy EUR/USD Above 1.3940- TG: 1.3960/1.4000 SL 1.3900 2. Sell EUR/USD Below 1.3890- TG: 1.3870/1.3830 SL 1.3930

DISCLAIMER YOUR MINTVISORY Call us at +91-731-6642300 The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in equity & bullion market has its own risks. We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

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